The Party's over !
We have entered into the most dangerous period in modern history. Those of you that had participated in our finance conference calls over the past two years know we have warned you of this moment and what to do to protect yourself. We warned that this moment was never in doubt of happening, we just couldn't accurately predict the exact moment. Now, enough data has come out to determine that we are in the final weeks which will escalate into the collapse we warned about.
Our friend, The Wonder Down Under, Liam Reardon, has produced a very timely video you should immediately watch. Indeed, it would be prudent for you to subscribe to his channel.
Here's today's chart. See anything familiar? That's right, the down trend continues. This week there is a $250 billion bond auction scheduled, and again, we are predicting a dismal outcome. That event will cause greater deterioration of the stock and bond markets later in the week. Remember where this is going, valuation equilibrium (see previous posts). Any asset based in debt is subject to collapse. Debt and leverage are the culprits. We remind you that this downward trend is not a "pullback" or "correction", this is a systemic collapse of the fiat system. It will continue until asset values are intrinsically re-established. The FED's quantitative easing has painted the economy into a corner, and there is only ONE WAY out.
So, today, the last hour of trading showed the sell off accelerating, selling off into the close. Again, that is a sign of weakness. And today, the FED started their $180 billion bond sale. Not a good time for that! The perfect storm is forming.
Notice here that the market opened and closed BELOW the 50 day moving average, and closed ON the Trend line (8 day exponential moving average). These are warnings of more downside to come. Now watch how fast the DJIA declines from here. The VIX (Volatility Index) was up marginally today, so the threat for a rapid decline is still a strong possibility.
**Note: If you look at the above chart, take note of the two thousand-plus point drops in the last two weeks. Many of you may have forgotten, way back in 2008, Wall Street assured investors that such radical thousand point drops would not happen again because they were putting "brakes" on the markets by halting markets if they dropped 1,000 points. Both of those drops last week were more than 1,000 points and neither time did Wall Street halt the market. If they're breaking their own rules, what chance do you have in this situation? What you are seeing is called a "bull trap" which used to be called a "suckers market".
On a brighter side, in spite of the bankers and media maligning bitcoin and cryptocurrencies, they are actually moving up. Let's take a look at those charts.
Here's Today's HOURLY Bitcoin chart:
Today's DAILY Bitcoin chart:
Of course, as SOME of you view these charts, you make think "Hey, they look a like!" Nope, they are very different candlestick formations. The Bitcoin charts show BOTH a long and short term UP trend with increasing volumes which support pricing. In contrast, the DJIA chart shows a candlestick formation that indicates trend reversal and weakness, not to mention a LACK of corresponding volume support.
Now, we add in the Fed has commenced their bonds sales today, and this series of events is going to undermine the lofty values of both stocks and bonds quickly. At the risk of appearing redundant, debt-based assets are toast. At this moment, the only non-debt based asset classes out there are hard commodities (gold, silver, and platinum) and cryptocurrencies. We have been strongly recommending your long-term hold of Bitcoin, Litecoin and Electroneum. That recommendation today is more emphatic than ever before. Time is running out. In fact, it appears that the Federal Reserve is doing everything in its power to insure a collapse comes soon. Dollar weakness is here to stay, and it WILL get worse, especially after the 26th of February.
As a friendly reminder, everything you need to quickly learn about moving investments into cryptocurrencies is contained in this blog. This blog is just a starting point. Review all of the posts and pages to get started.
One more prediction. Those folks that take action now will be labeled "overnight sensations" later. A lot of people will become millionaires from this opportunity which sits in front of them. Situational awareness is a learned skill, use it. Again, knowledge is only power IF it is believed, which is to mean apply that knowledge to your actions.
Our friend, The Wonder Down Under, Liam Reardon, has produced a very timely video you should immediately watch. Indeed, it would be prudent for you to subscribe to his channel.
Here's today's chart. See anything familiar? That's right, the down trend continues. This week there is a $250 billion bond auction scheduled, and again, we are predicting a dismal outcome. That event will cause greater deterioration of the stock and bond markets later in the week. Remember where this is going, valuation equilibrium (see previous posts). Any asset based in debt is subject to collapse. Debt and leverage are the culprits. We remind you that this downward trend is not a "pullback" or "correction", this is a systemic collapse of the fiat system. It will continue until asset values are intrinsically re-established. The FED's quantitative easing has painted the economy into a corner, and there is only ONE WAY out.
So, today, the last hour of trading showed the sell off accelerating, selling off into the close. Again, that is a sign of weakness. And today, the FED started their $180 billion bond sale. Not a good time for that! The perfect storm is forming.
**Note: If you look at the above chart, take note of the two thousand-plus point drops in the last two weeks. Many of you may have forgotten, way back in 2008, Wall Street assured investors that such radical thousand point drops would not happen again because they were putting "brakes" on the markets by halting markets if they dropped 1,000 points. Both of those drops last week were more than 1,000 points and neither time did Wall Street halt the market. If they're breaking their own rules, what chance do you have in this situation? What you are seeing is called a "bull trap" which used to be called a "suckers market".
On a brighter side, in spite of the bankers and media maligning bitcoin and cryptocurrencies, they are actually moving up. Let's take a look at those charts.
Here's Today's HOURLY Bitcoin chart:
Today's DAILY Bitcoin chart:
Today's WEEKLY Bitcoin Chart:
Of course, as SOME of you view these charts, you make think "Hey, they look a like!" Nope, they are very different candlestick formations. The Bitcoin charts show BOTH a long and short term UP trend with increasing volumes which support pricing. In contrast, the DJIA chart shows a candlestick formation that indicates trend reversal and weakness, not to mention a LACK of corresponding volume support.
Now, we add in the Fed has commenced their bonds sales today, and this series of events is going to undermine the lofty values of both stocks and bonds quickly. At the risk of appearing redundant, debt-based assets are toast. At this moment, the only non-debt based asset classes out there are hard commodities (gold, silver, and platinum) and cryptocurrencies. We have been strongly recommending your long-term hold of Bitcoin, Litecoin and Electroneum. That recommendation today is more emphatic than ever before. Time is running out. In fact, it appears that the Federal Reserve is doing everything in its power to insure a collapse comes soon. Dollar weakness is here to stay, and it WILL get worse, especially after the 26th of February.
As a friendly reminder, everything you need to quickly learn about moving investments into cryptocurrencies is contained in this blog. This blog is just a starting point. Review all of the posts and pages to get started.
One more prediction. Those folks that take action now will be labeled "overnight sensations" later. A lot of people will become millionaires from this opportunity which sits in front of them. Situational awareness is a learned skill, use it. Again, knowledge is only power IF it is believed, which is to mean apply that knowledge to your actions.
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